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T-Mobile Shares Full Details on $5/Month iPhone 6s Offer [Updated]
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Doing some math here. No trade-in and planning to keep the phone:
iPhone 6s 16GB ($650 retail)
$0 upfront + ($5 x 18mo) + $525 buyout = $615 ($35 saving)
iPhone 6s 64GB ($750 retail)
$100 upfront + ($4 x 18mo) + $625 buyout = $797 ($47 more than retail)
iPhone 6s 128GB ($850 retail)
$200 upfront + ($3 x 18mo) + $725 buyout = $974 ($124 more than retail)
Am I missing something?
iPhone 6s 16GB ($650 retail)
$0 upfront + ($5 x 18mo) + $525 buyout = $615 ($35 saving)
iPhone 6s 64GB ($750 retail)
$100 upfront + ($4 x 18mo) + $625 buyout = $797 ($47 more than retail)
iPhone 6s 128GB ($850 retail)
$200 upfront + ($3 x 18mo) + $725 buyout = $974 ($124 more than retail)
Am I missing something?
argh, my mother-in-law cracked the screen on her iPhone5c so I can't use that as a trade in and we've just moved house and I can't find any of our old iPhones (I think my wife "recycled" them...) does anyone have a suggestion on what I can do between now and 8am Friday that's cheap?
If you don't have a trade-in, you picked the wrong column for your monthly payment. Also, where'd you get those incorrect buyout figures?
I just got off the phone with customer service and, not only is the chart above completely wrong, their website is wrong too.
The buyout is NOT $125 less than full retail price. It is full retail price - $ already paid. In my case, the total amount would be the same whether I pay it cash, on the regular installment plan, or through the JUMP program.
The chart should read:
Phone 6s 16GB ($650 retail)
$0 upfront + ($20 x 18mo) + $290 buyout = $650
iPhone 6s 64GB ($750 retail)
$100 upfront + ($19 x 18mo) + $308 buyout = $750
iPhone 6s 128GB ($850 retail)
$200 upfront + ($18 x 18mo) + $326 buyout = $850
Thanks. I now understand my mistake regarding the wrong column. The buyout was based on incorrect T-mobile info stating "for $125 LESS than the full retail price". Corrected info is in #156.
Still no good. The buyout at the end of the lease is $164 for the 16GB iPhone 6S. You've taken a few things out of the correct context.
Same amount whether you trade in an top of the line smartphone or an old beat up entry level? I doubt it.
I assume they use their trade-in calculator <http://www.t-mobile.com/cell-phone-trade-in.html> to calculate the value. In my case, they offer $1 for a 2-year-old LG!
Where did you get that number from? I got the numbers for the 128GB straight from customer service and applied the same formula to the others.
Well, the first post, which you took a bit out of context, says: "Each payment must be made for 18 months, at which point the iPhone 6s or iPhone 6s Plus must be returned in good condition. T-Mobile offers the option to pay an additional $164 to keep the iPhone, bringing the total cost to $524 for a 16GB iPhone 6s -- a savings of $125 over the device's full retail price through Apple."
And that jives with T-mobile's TCO price:
https://explore.t-mobile.com/iphone-6s-and-iphone-6s-plus/why-t-mobile
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I'm simple sometimes, how is this much more? The chat rep told me I'd be paying $299 (which is within $30 of what I'm paying Sprint right now) per month. That's for an Iphone6s+/64, iPhone6s/64 and 3 iPhone6s/16, and they pay off Sprint for me either in bill credits or debit cards. To my way of thinking I'm paying $30 a month for 5 brand new bleeding edge phones. The store rep said it might be lower but they were still familiarizing themselves with the new plans.
I'm simply referring to their phone upgrade options like jump and jump on demand. As far as the service cost, T-Mobile does seem like the best deal.
Thanks for that link. I had not seen it before, and it contradicts what the customer support rep told me. Proof that T-Mobile needs to communicate better with its customers and its own employees. At least this info is in writing and saves me $125!
My source was http://newsroom.t-mobile.com/news/iphone-6s-offer.htm, which mentions $125 less than retail, but does not mention to deduct the amount already paid (upfront + monthly).
Apparently the TMO plan doesn't require a top shelf trade in based on what people in the thread are saying. It just requires any trade in. You're not likely to get money on top, but they'll give you the discount (again based on what people are saying).
If that is the case, I think there is a strong argument from TMO being the superior choice here, particularly due to the unlimited streaming, and generally faster LTE speeds. Of course, as part of the $32 Apple lease we must also consider that this includes Apple care.
So really, it boils down to what you conisider the best value, since there are number out options where a single line can cost about the same. The variable is what exactly you're paying for.
I thought about it but my family and I decided that it's not worth it for us. I only use about 2.4gb a month at the most, as well as both my sisters. Never really hit the limit. My parents only use 100mb a month so giving them each 10gb is a total waste of money. My wife on the on the other hand uses about 35gb a month streaming Netflix/Hulu/Youtube while at work. But I gave her my Sprint SERO plan I got back in 2009. 56-ish a month for a subsidized phone and unlimited LTE. Not too shabby until she falls out of LTE or even 3G territory. She tells me her co-worker who had T-mo didn't get signal at the house she works at and they don't have Wifi... so switching her wouldn't be useful either.
I spoke to them yesterday and they said the same thing... and here's all I have to say about this... they don't know what they're talking about at the call center. They haven't been informed of their own deals.
Yes it sounds crazy, but I actually had to show the webpage with the trade in tiers to the lady on the phone this morning when I called again. Read off the URL to her and she looked at it. She had no clue until I spoke to her what I was talking about regarding trading in "any smartphone" for the $12 off price.
This isn't the first time. I think that Tmobile goes through promotions so fast that their own employees can't keep up with what is going on.
Trust the press release... it's written and set in stone until said otherwise in writing.
The only way you come out ahead is with the "other phone" trade in.
They are both right. You will pay the difference from full retail. The savings is with the monthly rebate for 18 months. Your jump payment it still $27 per month but they give you a bill credit.
If I trade in my 64GB 5s for a 128GB 6s, I'll have to pay $199 down and $8 extra a month for 18 months. Will I have to pay $164 in 18 months if I choose to keep it or is the amount higher for the 128GB 6s (can't find any specfic number for it). If I choose to upgrade to the iPhone 7 in 12 months, will I just continue to pay the $8 or could that amount increase to something like $27-30+. In other words would I save a good amount of money, perhaps an "unofficial" discount from Apple, instead of paying the full price. I've had T-Mo since early 2014 and I'm satisfied so I have no expectations of leaving T-Mo any time soon.
Let me rephrase that. My source was not clear and I read it that the buyout was $125 under retail, period. But since I would have shelled out over $500 by that time, it would not be a good deal at all. It should have said that the total price was $125 under retail. Now, that's a good deal.
So here's a 3rd (and hopefully accurate) chart:
Phone 6s 16GB ($650 retail)
$0 upfront + ($20 x 18mo) + $164 buyout = $524
iPhone 6s 64GB ($750 retail)
$100 upfront + ($19 x 18mo) + $182 buyout = $624
iPhone 6s 128GB ($850 retail)
$200 upfront + ($18 x 18mo) + $200 buyout = $724
Using the Jump plan to upgrade a 64GB or 128GB model is a losing proposition; since they make you re-pay the $100 or $200 down payment they're essentially buying a used 64GB or 128GB for the price of a 16GB. If your phone is in great condition, make sure you ask them to unlock it and sell it on Craigslist or ebay. You have 2 weeks before they charge you for the remaining balance on the old phone.
I've heard that they don't do that actually if you jump to the same level model... ie 64gb versions. They didn't make people pay the down on the iPhone 6s to jump to a higher capacity model if they had the Amped JOD deal.
I would have expected that, but when I called to order this is what they described to me. I was upgrading from a 128GB 6Plus to a 128GB 6sPlus, and they wanted the $200 down payment again -- which is why I asked how much it would cost me if I didn't return the phone. Since I called on the first saturday they took preorders, it's also possible that the person I talked to was not trained correctly. Or it's possible that the people who did not charge for another down payment made a mistake.